Shipping & Marine
Sembmarine could build US$1.36b Energean vessel
Sembmarine could build US$1.36b Energean vessel
Energean awarded an FPSO contract to Technip which reportedly partnered with Sembmarine.
Keppel and Sembmarine could weather Sete Brasil contract exits
Analysts think their rig contracts won’t be cancelled as they are in a more advanced stage of completion.
Keppel eyes construction of three semisubmersible drilling rigs at $560m each
If the deal pushes through, total contract value could go up to $2.3b.
Otto Marine floundering under $1.16b debt pile
It is one of several oil & gas firms still struggling to float after a plunge in crude prices caused contracts to dry up.
The ship is sinking: Sembmarine lost nearly $35m in Q4
The poor performance of its rigs business pulled revenue down by 41.8%.
Delayed worker levy hikes to buoy marine sector by $5m
Firms could save costs of $50-$100 per foreign worker.
Sembcorp Industries pushes results announcement
It has yet to address its Indian IPO and Sembmarine collaboration.
Will Sembmarine clinch the new Johan Castberg vessel deal?
It previously won the deal for the vessel's hull in December 2017.
HPH Trust's profit to grow 10.38% to $175.97m in 2018
But higher interest rates may drag expected earnings.
HPH Trust's profit fell 24.9% to $347.87m in 2017
It was dragged by its revenue, which decreased to $1.95b.
Sembcorp Marine earns $1.5b in just three weeks
This makes its parent company, Sembcorp Industries, the best performing stock in January.
Rig production deals set to rise in 2018
Thanks to oil prices higher than US$60/bbl and lower project costs.
Keppel REIT's NPI rose 15.3% to $36.24m in Q4
Thanks to higher income from Bugis Junction Towers and Ocean Financial Centre.
Sembcorp's share price spiked twice last week
OCBC unveils three possible factors behind the pricing spikes.
Keppel in talks with Borr Drilling for rig sales
It confirmed a news report but said it hasn't set a price for the sale yet.
Singapore to grow sea transport industry by $4.5b
It also wants to create 5,000 jobs by 2025.
Keppel O&M's contracts bucked declining trend in 2017
It bagged over $1.1b contracts last year.
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